Bits are a popular and easy way to support streamers on Twitch. Streamers can use bits to buy rewards from the platform, as well as monetize their streams through donations and ad revenue. Despite their relatively low price, each bit can be worth a significant amount of money to a streamer depending on how many people contribute. To maximize their potential, streamers need to offer promotions that encourage viewers to purchase and use bits.
A twitch bits promotion is a great way to increase viewership and build a community on the platform. These incentives can include special badges alongside a viewer’s name in chat, special emotes, and even exclusive streamer-only items. These rewards help to connect viewers with their favorite streams and encourage them to donate more Bits in the future. Additionally, streamers can set sub and cheering goals with their communities to help motivate them to donate more and support the streamer in return.
When someone uses twitch bits on a channel, the streamer is given a small percentage of the overall transaction. This is usually less than 30%, and it does not include any fees or taxes that may be associated with the transaction. This is a great incentive for viewers to use the system, and it can greatly help a streamer’s income.
To use twitch bits, a user needs to first visit a Twitch stream that has the feature enabled. They need to look for the diamond icon in the comment section. When clicked, the icon will display a menu with different options. The user can choose between a PayPal or Amazon payment option and then select the amount of bits they want to purchase. Once the amount is selected, the user can click “proceed” to complete the purchase.
Buying twitch bits is not cheap and you should only do so when you know you can afford it. While there have been occasional sales, it is best to try to buy in bulk to get the most out of your money.
Twitch bits are sold through the website of a streamer and can be purchased using either PayPal or Amazon. They are sold in increments of 100, 200, or 2000, which translates into $.025 per bit, or $0.01 per cheer. The majority of the money that is donated to streamers through bits goes directly to them, but a large portion of it also covers the cost of maintaining and running the website.
There are several ways to earn twitch bits, including by watching ads and participating in surveys. However, some of these methods are not approved by Twitch and can result in a ban. It is best to use a legitimate method of earning twitch bits and to not trade or sell them.
To enable Cheering with Bits on your stream, head to the Creator Dashboard and click Preferences (Affiliate) or Settings (Partner). Next, scroll down and select Bits & Cheering. Here you will be able to set up the minimum amount of Bits required for a cheer, along with other settings. You can also upload a custom badge graphic to appear alongside the donations in your channel chat and view statistics for each badge tier.